Element Solutions Inc (NYSE:ESI) Stock Holdings Raised by Moody National Bank Trust Division

Moody National Bank Trust Division lifted its stake in shares of Element Solutions Inc (NYSE:ESI) by 20.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 37,888 shares of the company’s stock after purchasing an additional 6,402 shares during the period. Moody National Bank Trust Division’s holdings in Element Solutions were worth $963,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of Element Solutions by 14.7% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 5,289,741 shares of the company’s stock worth $143,458,000 after acquiring an additional 676,432 shares in the last quarter. State Street Corp boosted its holdings in Element Solutions by 5.6% in the third quarter. State Street Corp now owns 4,319,570 shares of the company’s stock worth $117,320,000 after purchasing an additional 230,793 shares during the period. Marshall Wace LLP increased its stake in Element Solutions by 149.2% during the second quarter. Marshall Wace LLP now owns 3,934,310 shares of the company’s stock valued at $106,698,000 after purchasing an additional 2,355,554 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Element Solutions by 0.5% during the third quarter. Geode Capital Management LLC now owns 3,541,513 shares of the company’s stock worth $96,216,000 after purchasing an additional 18,791 shares during the period. Finally, Ilex Capital Partners UK LLP raised its holdings in shares of Element Solutions by 162.7% during the third quarter. Ilex Capital Partners UK LLP now owns 2,470,003 shares of the company’s stock worth $67,085,000 after purchasing an additional 1,529,607 shares during the period. 92.32% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Wolfe Research raised shares of Element Solutions from a “peer perform” rating to an “outperform” rating in a research report on Friday, October 25th. Seaport Res Ptn raised Element Solutions to a “strong-buy” rating in a report on Monday, October 14th. Barclays boosted their price objective on Element Solutions from $30.00 to $32.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. BMO Capital Markets increased their target price on Element Solutions from $32.00 to $34.00 and gave the stock an “outperform” rating in a research report on Monday, December 16th. Finally, StockNews.com downgraded shares of Element Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, January 8th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.40.

Element Solutions Trading Down 1.5 %

NYSE:ESI opened at $25.00 on Tuesday. The stock has a market cap of $6.05 billion, a price-to-earnings ratio of 22.52, a PEG ratio of 1.51 and a beta of 1.30. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.77 and a current ratio of 3.52. Element Solutions Inc has a 1 year low of $21.42 and a 1 year high of $29.78. The business has a fifty day moving average of $27.12 and a 200-day moving average of $26.55.

Element Solutions (NYSE:ESI) last released its earnings results on Monday, October 28th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.38 by $0.01. The firm had revenue of $645.00 million for the quarter, compared to analysts’ expectations of $626.52 million. Element Solutions had a net margin of 11.08% and a return on equity of 14.42%. Element Solutions’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the company earned $0.36 EPS. Equities analysts predict that Element Solutions Inc will post 1.44 earnings per share for the current year.

Element Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were given a $0.08 dividend. The ex-dividend date was Monday, December 2nd. This represents a $0.32 dividend on an annualized basis and a yield of 1.28%. Element Solutions’s dividend payout ratio (DPR) is 28.83%.

Element Solutions Company Profile

Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products.